Coinbase released a blog post stating that stablecoins are part of the future of currency, and they have already arrived. The biggest opposition to using cash in the current financial system for Americans is that obtaining and transferring funds requires too many fees. Stablecoins provide consumers with all the benefits of cash, but without the drawbacks, including being cheaper and faster in circulation. They are an important part of the future of currency and are already helping to update the system. As the importance of stablecoins increases, so does the urgency to regulate them.
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